Shenzhen Ellassay Fashion Co.,Ltd.’s Net Profit Rose 10.5% in First Quarter of 2023

Shenzhen Ellassay Fashion Co.,Ltd. (深圳歌力思服饰股份有限公司) (603808.SH) reported a net profit of 63.1 million yuan in the first quarter of 2023, up 10.5% year-on-year.

Meanwhile, the company posted 665.6 million yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 32.7%.